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Swan Energy to acquire stake in Veritas Polychem

19 Oct 2021 Evaluate

Swan Energy has executed a Share Purchase Agreement with Veritas (India) to acquire 7,40,000 equity shares of Veritas Polychem (VPPL) at Rs 10 each. By virtue of the said agreement, Veritas Polychem will become subsidiary of the company. 

Swan Energy is an emerging green energy company with a successful track record in infrastructure projects and textiles too.

Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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